We hope you can join us at our Annual Meeting on Wednesday, March 26, 2008 at our Hawthorne Branch. The purpose of this meeting is to present your Credit Union's financial performance information for the year 2007 and announce the election results for your Board of Directors. The meeting will begin promptly at 5:30 pm.
Nominations for Volunteer Board Positions
There are five positions available on the Board of Directors. Carl A. Kurz has been nominated for a 2 year term. Additionally, your Credit Union's Nominating Committee has nominated Lloyd J. Mistele, Robert B. Scott, Ronald J. Robinson and Samuel J. Puma for 3 year terms. Their biographies and statements of qualifications are provided below.
Carl A. Kurz
Mr. Kurz joined the Western Federal Credit Union Board in December 2007, shortly after the legal merger between Western Federal Credit Union and Toyota Federal Credit Union (TFCU). His work with TFCU began in 2000 when he joined the Supervisory Committee, with his most recent position on the TFCU Board as the Vice Chairman. Mr. Kurz joined Toyota in 1987 and is currently the Assistant General Manager General Administration, which includes Facilities Control, Environmental Engineering, Facilities Engineering, Local Plant Construction, Utilities Supply, and Manufacturing Information System and Technology Groups. Mr. Kurz has an Associate Degree in Electronic and Electrical Design from the University of Kentucky. He is also certified in fire and sprinkler system design and operation.
Lloyd J. Mistele
Mr. Mistele joined the Western Federal Credit Union Board in December 2007, shortly after the legal merger between Western Federal Credit Union and Toyota Federal Credit Union (TFCU). Prior to joining the Western Board, Mr. Mistele served on the TFCU Board since 2003 acting in various capacities, most recently as the Board Chairman. He was hired by Toyota in 1985 and held positions as Vice President, Finance at Toyota Motor Sales and finally Vice President, Treasury at Toyota Motor Credit Corporation before retiring in 2003. Mr. Mistele received his B.B.A. from the University of Michigan and his M.B.A. in Finance from Wayne State University in Detroit.
Robert B. Scott
Joining TRW (now Northrop Grumman) in 1983, Robert B. Scott is currently Director, Space Technology Financial Service Center. Since 1984 he has served on the Supervisory Committee and/or the Board of Directors of both TRW Systems Federal Credit Union and Western Federal Credit Union and is currently the Board Chairman. Mr. Scott earned his Bachelors Degree in Economics/Accounting from Claremont McKenna College and an M.B.A. from California State University, Fullerton. He is also a Certified Public Accountant in the state of California.
Ronald J. Robinson
Mr. Robinson joined the Western Federal Credit Union Supervisory Committee in 1998, and became a member of the Board of Directors in 2000. He has also served on the Board's Finance and Merger Committees. Currently, he is the Director, Contracts and Pricing for L-3 Communications/P&C/Power Paragon. Prior to this position, he was Manager of Contracts at BAE SYSTEMS, Aircraft Controls, Inc. in Los Angeles, California. Mr. Robinson has a B.S. Degree in Business Administration from the University of Nebraska.
Samuel J. Puma
Mr. Puma has served on the Supervisory Committee and/or the Board of Directors of both the TRW Systems Federal Credit Union and Western Federal Credit Union since 1973. He retired from TRW after twenty-three years where he held several positions including Manager of Government Relations and Cost Settlements with the Defense Sector Finance Staff and Director of Internal Audit for the West Cost office with the Corporate Staff. Mr. Puma has a B.A. Degree from Southwestern University and has also completed a one-year executive development program at the UCLA Graduate School of Management. Mr. Puma is a Certified Public Accountant.
Nomination and Election Information
Nominations may also be made by petition. Any member wishing to be nominated needs to submit a petition signed by at least 500 members, along with a brief statement of qualification and biographical data, as well as a signed statement of willingness to serve if elected to office. Nominations shall not be made from the floor at the Annual Meeting unless there is no nominee for a position to be filled. Petitions for nomination and supporting documentation will be accepted through February 15, 2008 at:
Western Federal Credit Union
Attn: Nominating Committee
PO Box 10018
Manhattan Beach, CA 90267
In the event that there is more than one nominee for any position, all elections shall be determined by plurality vote and shall be by in-person ballot at the Annual Meeting. When there is only one nominee for any position to be filled, voting will be done at the Annual Meeting by voice vote, by general consent, or by acclamation.
| 
